I have a new client in which the IRA Information was not properly included on the return each year.  I am trying to "update" the info using the IRA Information Worksheet.  I am a bit confused... 

Part IV, Line 18 Enter combined value of all traditional IRAs (including SEP & Simple IRAs)

This line feeds to Part I, Line 2 Traditional IRA - Year-end value 12/31/2024

I have this information and am ok with it...the confusion is with Part I, Line 1 Total basis in traditional IRAs which is fed from Part III, Line 12 Traditional IRA basis for 2023 and earlier years

It just seems that part I line 1 is for traditional IRAs (EXcluding the SEP) and Part 1 Line 2 is traditional IRAs (INcluding the SEP).

Am I reading too much into this? Or completely off base?

Help...